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Taylor Maritime Investments to Raise $75 Mln to Fund Fleet Expansion says a Market Watch news article written by Matteo Castia. The dry-bulk shipping company The dry-bulk shipping company said it will issue new ordinary shares at a price of $1.15....
Maersk has delivered a respectable Q3 results with improved profitability despite the Covid-19 pandemic having a negative impact on the global economy. The shipping group reported a Q3 revenue of $9.9bn, down 1.4% year-on-year, and EBITDA up 39%...
Covid-19 pandemic forced cruise lines to delay ship launches, cancel sailings and cut costs. Cruise shipping is going through a period of recuperation. Industry stays positive saying “We will meet again – at Cruise Ship Interiors Expo and...
Greek boxship owner Costamare has sealed deal for three kamsarmax bulkers in two separate deals, reads the company website. Kamsarmax deal  Advanced Shipping & Trading and Seasure Shipbroking have named Costamare as the buyer of 2012-built pair Pedhoulas Builder and Pedhoulas...
Navios Maritime Partners L.P and Navios Maritime Acquisition Corp. announced a definitive transaction agreement providing for a combination of Navios Partners and Navios Acquisition. The transaction is carried out in a way where shareholders of Navios Acquisition will...
Singapore-based Eastern Pacific Shipping has been revealed as the owner behind orders last week for a pair of ethane carriers, reports Splash247. Contract to Build Ethane Carrier Splash reported last week Hyundai Heavy Industries had won a $219m contract to build two very...
The gross charter rate is US$15,500 per day, minus a 5% commission paid to third parties, for a period until minimum January 25, 2022 up to maximum March 25, 2022. As of today, the combined carrying capacity of...
Letter of Intent for an investment to support Brittany Ferries’ post-Covid-19 recovery. Commercial partnership unlocking synergies in freight transport across the Channel and to the Iberian Peninsula. Development of LNG excellence in France. A recent news article published in...
STEALTHGAS INC., a ship-owning company primarily serving the liquefied petroleum gas (LPG) sector of the international shipping industry, announced its unaudited financial and operating results for the first quarter ended March 31, 2021, reports the company website. Operational and Financial...
Singapore’s FSL Belief Administration has offloaded one other chemical tanker following the sale of the 2006-built FSL New York final month. The corporate has bought a 15-year-old FSL London. A recent news article published in the News Xpres states that FSL Sells...
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